Russian Company Telecor Announces Construction of Data and Mining Centre Redstone, with Operations Set to Commence in June 2019

Bitcoin Press Release: New Russian-based knowledge and mining centre Redstone has introduced that it has practically completed its building and can start operations in June, 2019.

December 10th 2018, Krasnokamensk, Russia – New knowledge and mining centre, Redstone is at the moment underneath building within the Russian metropolis of Krasnokamensk. Redstone will turn into a brand new house for digital currency miners from China, Russia and all over the world. Redstone presents its shoppers the advantage of a handy location, low cost electrical energy, excellent local weather (avg. annual temp is 2°C) and accessible water for cooling.

Redstone is presently being constructed and can quickly be operated by Telecor, a big Russian engineering firm. For the final 15 years, Telecor accomplished over 500 tasks in engineering, automation, IT, and telecommunications together with modernisation/reconstruction of energy grids and thermal energy vegetation.

The key characteristic of Redstone is the power-generation capability of 50MW (underneath Phase 1) that will probably be constructed by itself off-the-grid generator base offering dependable power supply. Redstone is situated on the premises of non-nuclear thermal energy plant working by Rosatom – companion of the challenge, a State Nuclear Energy Corporation. Telecom community is offered by Rostelecom, the biggest digital providers supplier in Russia

Redstone location supplies good and secure high quality of web connectivity that may deal with heavy a great deal of a knowledge centre of such scale. Proximity to the Chinese border and Manchuria’s airport make Redstone an accessible vacation spot for brand new tools deliveries from China and decrease general logistics prices usually.

CEO of Telecor, Andrew Chernoknizhnikov had these phrases to say about mounted service costs:

“Amid predictions about constant increase in electricity prices, Telecor is able to fix service prices provided at Redstone for the next 10 years, it is an important and valuable benefit for our customers.”

Andrew continues:

“Due to low costs and own energy generation at Redstone, which are for sure some of the most important benefits of this site, our company could offer very low prices, probably the lowest, not only in Russia but throughout the world.”

Authorities are fascinated about financial improvement and job creation at Krasnokamensk. The metropolis is able to assist and already working to facilitate Redstone improvement. The dependable and clear authorized construction of the challenge is one other assure of long-term stability for Redstone shoppers.

Initial challenge financing comes from Telecor, and lively section of building will start in December 2018 after the completion of design work. Phase 1 of Redstone (50MW) will probably be move-in prepared in May of 2019.

Telecor is the supply of this content material. Virtual foreign money is just not authorized tender, is just not backed by the federal government, and accounts and worth balances should not topic to client protections. This press launch is for informational functions solely. The info doesn’t represent funding recommendation or a suggestion to speculate.

The publish Russian Company Telecor Announces Construction of Data and Mining Centre Redstone, with Operations Set to Commence in June 2019 appeared first on Bitcoin PR Buzz.